Evolve Transition Infrastructure LP (SNMP) gained in the pre-market after announcing two new additions to executive positions. SNMP values at $0.52, gaining more than 26% compared to yesterday’s closing price. The stock closed at $0.41 at the end of the last trading session. The stock volume traded in the last trading session was around 848.41K shares. The current market cap of the company is around $47.41 million.
SNMP updates about Joint Venture Leno Mobility
In a partnership between Nuvve Holding Corp. (NVVE), Stonepeak Partners, and Evolve Transition Infrastructure LP (SNMP), Levo Mobility LLC delivers Fleet-as-a-Service solutions to help companies quickly make the conversion to electric cars.
Two new senior executives have been added to the Levo Mobility LLC (Levo) leadership team. One is Maggie Clancy, the company’s Chief Commercial Officer, and the other Walter Watson, the company’s Chief Operating Officer. The addition of these two executives will allow the company to serve its customers better and provide a more efficient transition from traditional fleets to a fleet of electric vehicles (EVs).
Chief Commercial Officer: Maggie Clancy
As the joint venture’s customer acquisition manager, Maggie will oversee all elements of the company’s customer acquisition operations, including building connections with school districts and other influential decision-makers in the field of fleet electrification. As an executive for 23 years, Maggie focused on marketing, branding, and strategic planning. She is a former National Express executive overseeing their commercial EV plan. She has a wealth of experience working with school bus fleets throughout the country.
Chief Operating Officer: Walter Watson
Walter will be in charge of all operations for Levo. He will ensure that customers have a seamless and efficient experience while accelerating fleet electrification and supporting decarbonization objectives. A Fortune 200 and an FTSE 250 firm have employed Walter for the last 15 years in top roles in finance, maintenance, operations, commercial, and procurement. He was Vice President of Procurement at National Express. There, he was responsible for all North American spending and planning.
Conclusion
The company’s revenue increased 58% in the third quarter of fiscal 2021. The company will soon announce its fiscal 2021 results and outlook for fiscal 2022.
